Resources
Business of luxury

Inside this issue
● Branding: Extension and expansion stories do not always have a happy ending
● Cars: High-flyers make their marque on sales
● Russia: The rich are embracing luxury goods as an antidote to drab years of communist offerings - -
Content
Video: Jón Ásgeir Jóhannesson
Vanessa Friedman talks to the Baugur chief executive about private equity’s view of luxury brands.
Video: Mark Lee
Vanessa Friedman talks to the Gucci chief executive about the importance of a wholly owned Gucci and personalised stores.
Video: Vincenzo Cannatelli
Vanessa Friedman talks to the Ferretti chief executive about the luxury boating industry.
Video: Ralph Toledano
Vanessa Friedman talks to the Chloe chief executive about running a luxury family business.
Diary: Love and Money
“I’ve got Ferragamo under my skin.” Michele Norsa, chief executive of the Italian shoe brand, was almost singing during his keynote address, writes Vanessa Friedman.
Diary: Death in Venice
For an industry encased in a golden bubble of wealth such as it has never known before (everyone agrees on this), the luxury industry - at least those at the FT’s third annual Business of Luxury conference – seems weirdly pessimistic, writes Vanessa Friedman.
Brands are as expensive as their hot products
High valuations make takeovers appear distant, writes Adam Jones.
The US: A vast market opens its doors to the clever retailer
Jonathan Birchall explains why the bigger groups are investing heavily.
Stretching the brand: The risk of extension
Carlos Grande looks at the dangers of over-expansion.
Automobiles: Life is sweet – and becoming sweeter
Carmakers are vying to maintain exclusivity, says John Reed.
